USDX ETF — SGI Enhanced Core ETF

SGI Enhanced Core ETF (USDX)

USDX is an ETF. its distribution rate is 2.81%, its trailing-12-month yield is 6.49%, its expense ratio is 1.08%. Dividend Vision Distribution Safety Score™ is 73/100 (Generally safe). Total return is 17.3% over the past 2.6 years, 37.5 points behind SPY at 54.8%.

At the current 2.81% distribution rate, a $10,000 investment would generate approximately $281 per year, or $23.42 per month.

SGI Enhanced Core ETF is an actively-managed ETF that seeks income by investing in a diversified portfolio of higher-yielding money market instruments and money market mutual funds, alongside ultra-short-term options strategies designed to generate current income. The fund carries a current distribution rate in the mid-single digits, pays distributions monthly, and charges an expense ratio of 1.08%. It appeals primarily to income-focused investors seeking regular payouts from a money market-based strategy enhanced through options overlay.

USDX performance versus SPY

Price and return data through 2026-09-18.

Total return is 17.3% over the past 2.6 years, 37.5 points behind SPY at 54.8%. Over the past year its total return — price change plus distributions reinvested — is 5.8%. Its deepest 1-year drawdown was 0.9%.

USDX key facts

Distribution Safety Score™

73 · Generally safe

Safety-Adjusted Yield

2.05%

Issuer

Summit Global Investments

Asset type

ETF

Asset class

Equity

Inception date

02/28/2024

Expense ratio

1.08%

Distribution rate

2.81%

Distribution frequency

Monthly

Trailing yield

6.49%

Last close

$25.59 (as of 2026-09-18)

NAV

$25.60

Premium / discount

0.04% discount

AUM

$305,413,559

Average volume

17900.0

Last dividend

$0.06

Last ex-dividend date

08/27/2026

Last payment date

08/28/2026

How Dividend Vision calculates yield and returns

Distribution rate (2.81%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (6.49%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Summit Global Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

USDX risks and drawbacks

USDX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 0.9%.

Who may consider USDX — and who may not

USDX may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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